Thrissur II SALE NOTICE Auction Sale Notice for Sale of Immovable Assets Under the Securitisation and Reconstruction Of

Zonal : Thrissur II SALE NOTICE

Auction Sale Notice for sale of immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of security Interest Act, 2002 read with proviso to Rule 8 (6) of the Security Interest (Enforcement) Rules 2002.

Notice is given to the public in general and in particular to the Borrower and guarantors that the below described immovable properties mortgaged/charged to the Secured Creditor, the phyiscal possession of which has been taken by the Authorised Officer of The Catholic Syrian Bank Ltd, Secured Creditor, will be sold on “As is where is” “As is what is” and “Whatever there is” on 29.03.2019 for recovery of Rs.178497305/- (Rupees Seventeen Crores Eighty Four Lakhs Ninety Seven Thousand Three Hundred and Five only) as on 10.10.2017 and interest @ 12.75 % p.a with monthly rests and penal interest @ 1% per annum from 11.10.2017 towards cash credit loan and Rs.880958/- (Rupees Eight Lakhs Eighty Thousand Nine Hundred and Fifty Eight only) as on 10.10.2017 and interest @ 14.75 % p.a with monthly rests and penal interest @ 1% per annum from 11.10.2017 towards the mortgage loan till the date of repayment of the dues in full and other costs and expenses due to the Catholic Syrian Bank Ltd, Secured Creditor, from M/s. Navarathna Jewellers (Partnership), 12/379, Vyapara Bhavan, Chavakkad, Thrissur District, Kerala, Pin : 680506 (2) Sri.Ali K.M., Managing Partner, M/s. Navarathna Jewellers, Kayyazhivalappil House, Pathramangalam, Vellarkad, Thrissur, PIN: 680584 (3) Sri. Suresh kumar, Partner, M/s. Navarathna Jewellers, S/o. Nambrath Balan, Nambrath House, Parappur, Eranellur, Kechery P.O, Thrissur: 680501, (4) Sri.Jayaprasad N.B, Partner, M/s. Navarathna Jewellers, Nambrath House, Parlikad, Mundathikode P.O, Thrissur- 680623, (5) Sri.Pradeep Kumar N.B, Partner, M/s.Navarathna Jewellers, Nambrath House, Parlikad, Mundathikode P.O, Thrissur- 680623 (6) Sri. Mohammed, S/o. Kuttiali, Kayyazhivalappil House, Pathramangalam, Vellarkad, Thrissur PIN: 680584 (7) Smt. Nabeesa, W/o. Mohammed, Kayyazhivalappil House, Pathramangalam, Vellarkad, Thrissur PIN: 680584 (8) Smt.Vasanthi, W/o.Thekkuttayil Mohanan, Thekkuttayil House, Parappur, Eranellur, Kechery P.O., Thrissur- 680501 (9)Smt.Simi Suresh Kumar, Nambrath House, Parappur, Eranellur ,Kechery P.O., Thrissur- 680501.

The Reserve prices fixed are as follows; SI Property Item wise Reserve Price SI Property Item wise Reserve Price No No 1 25 cents (10.11 ares) Rs.3900000/- 9 42 cents (17 ares) Rs.5700000/- 2 23.18 cents (9.38 ares) Rs.4875000/- 10 1.07 cents (0.44 ares) 3 14 cents (5.66 ares) Rs.4500000/- 11 12.83 cents (5.19 ares) Rs.6500000/- 4 6.67 Cents (2.70 Ares) Rs.8800000/- 12 14.25 cents (5.767 ares) Rs.26500000/- 5 52.50 cents (21.25 ares) Rs.9375000/- 13 2.50 cents (1.012 ares) Rs.10300000/- 6 24.750 cents (10.02 ares) Rs.19400000/- 14 23.46 cents (9.49 ares) 7 11 cents (4.49 ares) Rs.4100000/- 15 8.72 cents (3.53 ares) Rs.11500000/- 8 65 cents (26.70 ares) Rs.10100000/- 16 22.85 cents (9.25 ares) Rs.6700000/-

Reg Office: THE CATHOLIC SYRIAN BANK LTD. Regd. Office: “CSB Bhavan”, St. Mary’s College Road, Thrissur – 680 020. Thrissur Zonal Office II: P.B. No.502, College View, St.Mary’s College Road, Thrissur-680 020 CIN: U6519KL1920PLC000175 | Phone: 0487-2428543e-mail: [email protected] | www.csb.co.in

EMD to be deposited Property Item wise Earnest Money SI Property Item wise Earnest Money Deposit (EMD) No Deposit (EMD) 1 25 cents (10.11 ares) Rs.390000/- 9 42 cents (17 ares) Rs.570000/- 2 23.18 cents (9.38 ares) Rs.487500/- 10 1.07 cents (0.44 ares) 3 14 cents (5.66 ares) Rs.450000/- 11 12.83 cents (5.19 ares) Rs.650000/- 4 6.67 Cents (2.70 Ares) Rs.880000/- 12 14.25 cents (5.767 ares) Rs.2650000/- 5 52.50 cents (21.25 ares) Rs.937500/- 13 2.50 cents (1.012 ares) Rs.1030000/- 6 24.750 cents (10.02 ares) Rs.1940000/- 14 23.46 cents (9.49 ares) 7 11 cents (4.49 ares) Rs.410000/- 15 8.72 cents (3.53 ares) Rs.1150000/- 8 65 cents (26.70 ares) Rs.1010000/- 16 22.85 cents (9.25 ares) Rs.670000/-

Description of the property

1. All that part and parcel of property having an extent of 25 cents (10.11 ares) of land and building therein in Sy.No.545 & 544 of Puthuruthy Village, Thalappilly Taluk, Thrissur District owned and possessed by Sri.Jayaprasad, Sri.Pradeepkumar, Sri.Sureshkumar and Sri.Ali vide Sale Deed No.3423/2011 of Wadakkanchery Sub-Registrar's Office. Boundaries: East : Properties of Pulikunnathu Sunil & Ajitha ; North : Panchayath Road; West : Property of Ayyappath Desikanandan ; South : Properties of Pallikkattu Mana Savithri & Narayanan.

2. All that part and parcel of property having an extent of 23.18 cents (9.38 ares) of land and building together with all trees and other improvements situated in Re.Sy.No.2/12 (Old Sy.No.137/3) of Eranellur Village, Thalappilly Taluk, Thrissur District owned and possessed by Sri.Jayaprasad, Sri.Pradeepkumar, Sri.Sureshkumar and Sri.Ali vide Sale Deed No.1277/2011 of Mundur Sub-Registrar's Office. Boundaries: East : Property of Puthussery Dhakshayani; North : Property of Puthussery Dhakshayani; West : Panchayath Road; South : Properties of Chulliparambil Velayudan & Lalitha

3. All that part and parcel of property having an extent of 14 cents (5.66 ares) of land and building therein in Re Sy.No.64/2 of Vellattanjur Village, Thalappilly Taluk, Thrissur District owned and possessed by Sri.Mohammed and Smt.Nabeesa vide Sale Deed No.441/1994 of Erumappetty Sub-Registrar's Office. Boundaries: East: Property of Devasikutty; North: Panchayath Road; West: Property of Lazar; South: Edavazhy.

4. All that part and parcel of property having an extent of 6.67 cents (2.70 ares) of land and building therein in Re Sy.No.51/4, Block No.24, (Old Sy.No. 277) of Eranellur Village, Thalappilly Taluk, Thrissur District, owned and possessed by Sri.Jayaprasad, Sri.Pradeepkumar and Sri.Sureshkumar vide Sale Deed No.3256/2007 of Mundur Sub-Registrar's Office. Boundaries: East: Property of Panayemparambil Sekaran; North: Properties of Purathur Thomas & others, West : Properties of Krishna & Thomas ; South : PWD Road.

5. All that part and parcel of property having an extent of 52.50 cents (21.25 ares) of land in Sy.No.62/1, 62/2 & 63/1 of Chiranellur Village, Thalappilly Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers(Partnership) vide Sale Deed No.568/2013 of Erumapetty Sub-Registrar's Office. Boundaries: East: Property of Johny Kuttikkatt; North: Property of Varghese Kuttikkattu,West : Vazhi ; South : Vazhi

6. All that part and parcel of property having an extent of 24.750 cents (10.02 ares) of land in Re Sy.No.186/1 of Eranellur Village, Thalappilly Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deed No.1491/2014 of Mundur Sub-Registrar's Office. Boundaries: East: Property of Kanjangattu family; North: Properties of Njana Prakasini School and Mustafa., West : PWD Road; South : Properties of Muhemmedkutty & Jose.

7. All that part and parcel of property having an extent of 11 cents (4.49 ares) of land and building therein in Re Sy.No.18/2 (Old Sy No.155,156 and 162) of Eranellur Village, Thalappilly Taluk, Thrissur District, owned and possessed by Smt.Vasanthi vide Partition Deed No.2176/2002 and Release Deed No.2129/2014 of Mundur Sub-Registrar's Office. Boundaries: East: Property of Thekoottayil Premadasan; North: Property of Thekoottayil Subramanian., West : Panchayath Road; South : Properties of Thekoottayil Chandran & Vazhy.

8. All that part and parcel of property having an extent of 65 cents (26.70 ares) of land and building therein in Sy.No.780 of Perumbilavu Village, Thalappilly Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deeds No.441/2012 and 440/2012 of Akkikavu Sub-Registrar's Office. Boundaries: East: Panchayath Road; North: Property of Yavu, West: Thodu; South: Property of Kunjappu & Thodu.

9. All that part and parcel of property having an extent of 42 cents (17 ares) of land in Sy.No.781 and 780 of Perumbilavu Village, Thalappilly Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deed No.2860/2013 of Akkikavu Sub-Registrar's Office. Boundaries: East: Properties of Moitheen & Ali ; North : Property sold by Kurup, West : Thodu ; South :Thodu & Property of Kunjappu.

10. All that part and parcel of property having an extent of 1.07 cents (0.44 ares) of land in Sy.No.780 of Perumbilavu Village, Thalappilly Taluk, Thrissur District, owned and possessed by Sri.Ali vide Sale Deed No.2528/2013 of Akkikavu Sub-Registrar's Office. Boundaries: East: Property of Moideen; North: Property of Navarathna, West: Property of Moideen; South: Property of Navarathna.

The 9th & 10th items of properties are laying together and as such these properties will be auctioned as single item and reserve price was fixed accordingly

11. All that part and parcel of property having an extent of 12.83 cents (5.19 ares) of land in Re Sy.No.324/8 of Choondal Village, Thalappilly Taluk, Thrissur District, owned and possessed by Sri.Jayaprasad vide Sale Deed No. 1598/2014 of Mundur Sub-Registrar's Office. Boundaries: East : Vazhy; North : Vazhy& Property of Ali, West : Property of Ali; South : PWD Road.

12. All that part and parcel of property having an extent of 14.25 cents (5.767 ares) of land and building therein in Sy.No.157/1 of Iringapram Amsam, Chavakkad Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deed No.302/2014 of Kottappady Sub-Registrar's Office. Boundaries: East : Property of Anaswara Raghavan; North : Property of Venugopalan & others, West : Road ; South : Property ofAyyappa Bhaktha Sangham 13. All that part and parcel of property having an extent of 2.50 cents (1.012 ares) of land in Re Sy.No.169/14,15B of Guruvayoor Village, Chavakkad Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deed No.1665/2014 of Kottappady Sub-Registrar's Office.

Boundaries: East : Property of Hussain ; North : Road; West : Property of Safiya ; South : Road

14. All that part and parcel of property having an extent of 23.46 cents (9.49 ares) of land and building therein in Re.Sy.No.169/14 of Guruvayoor Village, Chavakkad Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deed No.1319/2014 of Kottappady Sub-Registrar's Office. Boundaries: East : Property of Hussain ; North : Road; West : Property of Safiya ; South : Road.

The 13th & 14th items of properties are laying together and as such these properties will be auctioned as single item and reserve price was fixed accordingly.

15. All that part and parcel of property having an extent of 8.72 cents (3.53 ares) of land and building therein in Sy.No.1132/6 of Pazhayannur Village, Thalappilly Taluk, Thrissur District, owned and possessed by M/s.Navarathna Jewellers vide Sale Deed No.127/2014 of Pazhayannur Sub-Registrar's Office. Boundaries: East : Property of Pradeep etc. ; North : Property of Pazhayannur Masjid,West : Property of Bhaskaran ; South :PWD Road.

16. All that part and parcel of property having an extent of 22.85 cents (9.25 ares) of land in Re.Sy.No.6/10 (Old Sy.No. 148/2) of Eranellur Village, Thalappilly Taluk, Thrissur District, owned and possessed by Smt.Simi Sureshkumar vide Sale Deed No.2589/2014 of Mundur Sub-Registrar's Office Boundaries: East : Property of Nambrathu Sureshkumar; North : Vazhy, West : Property of Kannanchery Snehalatha ; South : Property Nambrathu Sureshkumar.

In respect of some items of the properties transactions were reflected over the encumbrance certificate taken and details of those entries are made available on the website provided below. All these transactions were effected after creating mortgage in favour of the Bank.

For detailed terms and conditions of the sale, please visit: - www.csb.co.in

Thrissur 07.03.2019

Authorised Officer The Catholic Syrian Bank Ltd.,

Details of opening Tender

PLACE OF AUCTION DATE AND TIME

The Catholic Syrian Bank Ltd., Zonal Office-2, 29.03.2019 11.30 A. M Thrissur, P.B.No.502, College View, St.Mary’s College Road, Thrissur, PIN : 680 020.

Reserve price fixed (Property wise) SI Property Item wise Reserve Price SI Reserve Price Reserve Price No No 1 25 cents (10.11 ares) Rs.3900000/- 9 42 cents (17 ares) Rs.5700000/- 2 23.18 cents (9.38 ares) Rs.4875000/- 10 1.07 cents (0.44 ares) 3 14 cents (5.66 ares) Rs.4500000/- 11 12.83 cents (5.19 ares) Rs.6500000/- 4 6.67 Cents (2.70 Ares) Rs.8800000/- 12 14.25 cents (5.767 ares) Rs.26500000/- 5 52.50 cents (21.25 ares) Rs.9375000/- 13 2.50 cents (1.012 ares) Rs.10300000/- 6 24.750 cents (10.02 ares) Rs.19400000/- 14 23.46 cents (9.49 ares) 7 11 cents (4.49 ares) Rs.4100000/- 15 8.72 cents (3.53 ares) Rs.11500000/- 8 65 cents (26.70 ares) Rs.10100000/- 16 22.85 cents (9.25 ares) Rs.6700000/-

EMD to be deposited (Property wise) Property Item wise Earnest Money SI Property Item wise Earnest Money Deposit (EMD) No Deposit (EMD) 1 25 cents (10.11 ares) Rs.390000/- 9 42 cents (17 ares) Rs.570000/- 2 23.18 cents (9.38 ares) Rs.487500/- 10 1.07 cents (0.44 ares) 3 14 cents (5.66 ares) Rs.450000/- 11 12.83 cents (5.19 ares) Rs.650000/- 4 6.67 Cents (2.70 Ares) Rs.880000/- 12 14.25 cents (5.767 ares) Rs.2650000/- 5 52.50 cents (21.25 ares) Rs.937500/- 13 2.50 cents (1.012 ares) Rs.1030000/- 6 24.750 cents (10.02 ares) Rs.1940000/- 14 23.46 cents (9.49 ares) 7 11 cents (4.49 ares) Rs.410000/- 15 8.72 cents (3.53 ares) Rs.1150000/- 8 65 cents (26.70 ares) Rs.1010000/- 16 22.85 cents (9.25 ares) Rs.670000/-

TERMS AND CONDITIONS

1. The intending bidders should submit their requests in the prescribed Tender form in a sealed cover super-scribing sale A/c of “Navarathna Jewellers” with details of property/ies to be bid along with Earnest Money Deposit (EMD) as aforesaid in respective of each item of properties – (being 10% of the reserve price of properties as aforesaid) by way of Demand Draft favouring The Catholic Syrian Bank Ltd, payable at Thrissur, on any working day on or before 28.03.2019 between 11 AM and 4 PM directly to the Authorised Officer/The branch manager Thriprayar branch. The tender form and letter of authority can be obtained from the Authorised Officer /Branch Manager, The Catholic Syrian Bank Ltd, Thriprayar Branch on any working day from 11.03.19 to 28.03.2019 between 11 am and 3.30 PM. The EMD is refundable, if the bid is not successful. The EMD shall be liable for forfeiture without any prior notice if the successful bidder fails to adhere to the terms of sale, time and commit any default in any manner. 2. The sealed tenders in respect of properties as aforesaid will be opened in its sequential order by the Authorised Officer on 29.03.2019 at 11.30 a.m. in the presence of the available/attending bidders or their representatives. 3. Along with offer document, the intending bidder shall also attach a copy of the PAN card issued by the Income Tax Department and his/her identity proof and the proof of residence.

4. The sealed tender will be opened by the Authorised Officer in the presence of principal bidders or their representatives. The authorised representatives must carry with themselves letter of authority in the prescribed format from the principal bidders with necessary document for identification. After opening the tender the Authorised Officer has absolute discretion to negotiate to raise the tender amount/permit interse-bidding among the participants to get maximum revised offer/price for the property. 5. The successful bidder shall deposit 25% (inclusive of Earnest Money Deposited) of the bid amount in respect of each item of properties immediately on the sale being knocked down in his favour and the balance within fifteen days from the date of confirmation of sale. Payment is to be made to the Authorised Officer in the form of Demand draft drawn in favour of The Catholic Syrian bank Ltd, payable at Thrissur. In case of default, the entire amounts deposited till then shall be forfeited without any prior notice.

6. The successful bidder should bear the charges/fees payable for conveyance such as stamp duty, registration fees etc as applicable as per law, and make arrangements for effecting transfer in the concerned authority/ society/ association. 7. The immovable property described herein above shall remain and be at the sole risk of the successful purchaser in all respects including loss or damage by fire or theft or other accidents and other risk from the date of the confirmation of the Sale by the Authorized Officer. The successful bidder shall not be entitled to annul the sale on any ground of whatsoever nature.

8. The Authorised Officer has the absolute right to accept or reject the application or adjourn/postpone the auction without assigning any reason therefore and also to modify any terms and conditions of this sale without any prior notice. 9. The sale is subject to confirmation by the Bank.

10. The sale shall be under ‘AS IS WHERE IS AND AS IS WHAT IS CONDITION’ including encumbrance reflected over the EC in respect of the properties detailed. The details of encumbrance reflected over the properties are provided hereunder.

11. The Bank will not be held responsible for any charges, lien, encumbrance, property tax or any other dues to the Government or anybody in respect of the property under sale. 12. The buyers should satisfy themselves on the extent, title, ownership, statutory approval, as to existence of any encumbrance, charges, and payments etc, before participating in the auction. 13. The sale shall be considered only if the price offered is above the reserve price.

14. This is Notice to the Borrower/guarantor and the Public in general. 15. The Sale certificate will be issued in the name of purchaser (s)/applicant (s) only and will not be issued in any other name (s). 16. Authorised Officer/Bank is not bound to accept the highest offer and has absolute right to accept or reject any or all offer (s) or adjourn/ postpone/ cancel the auction or vary the terms and conditions of the auction or withdraw any property or portion thereof from the auction proceedings at any stage without assigning any reason there for.

17. If the dues together with all costs, charges and expenses incurred are tendered at any time before the date fixed for sale or transfer, the secured asset will not be sold or transferred and no further step will be taken for transfer or sale of secured asset. 18. The property can be inspected on any working day from 25.03.2019 to 27.03.2019 between 1 PM and 5 PM. Purchasers who are interested may contact Branch Manager, Thriprayar Branch before the date of inspection.

The details of transactions reflected over the encumbrance certificate.

SI Property Item wise Details of Encumbrance No 1 25 cents (10.11 ares) NIL

2 23.18 cents (9.38 ares) NIL

3 14 cents (5.66 ares) NIL

4 6.67 Cents (2.70 Ares) Attachment effected by Wadakkanchery Munsiff court in O.S.720/2016 in IA.2618/2016 on 01.11.2016 for an amount of Rs.127000/- 5 52.50 cents (21.25 NIL ares) 6 24.750 cents (10.02 ares) NIL 7 11 cents (4.49 ares) NIL 8 65 cents (26.70 ares) Attachment effected by Chavakkad Munsiff court in O.S.227/2016 in IA.885/2016 on 07/11/2016 (amount not specified) 9 42 cents (17 ares) NIL 10 1.07 cents (0.44 ares) Gahan executed in favour of Kadavallur SCB on 19.04.2016 for an amount of Rs.1000000/- 11 12.83 cents (5.19 ares) NIL 12 14.25 cents (5.767 i. Attachment effected by Chavakkad Munsiff court for Rs.800000/- in ares) O.S.2098/ 2015 in IA.8332/15 on 09.09.2015. ii. Attachment effected by Chavakkad Munsiff court for Rs.250000/- in O.S.2186/ 2015 in IA.8701/2015 on 18.09.2015. iii. Attachment effected by Chavakkad Munsiff court for Rs.248000/- in O.S.2939/ 2015 in IA.11769/2015 on 29.12.2015. iv. Attachment effected by Chavakkad Munsiff court for Rs.248000/- in O.S.2940/ 201 in IA.11773/2015 on 29.12.2015 v. Attachment effected by Chavakkad Munsiff court in O.S.3133/2015 in IA.12455/2015 on 21.03.2016. vi. Attachment effected by Chavakkad Munsiff court for Rs.503000/- in O.S.2624/2016 in IA.9285/2016 on 01.09.2016 vii. Attachment effected by Chavakkad Munsiff court for Rs.512166/- in O.S.3337/2016 in IA.12836/2016 on 23.12.2016.

viii. Attachment effected by Chavakkad Munsiff court for Rs.768000/- in O.S.3336/ 2015 in IA.12840/2016 on 23.12.2016 ix. Attachment effected by Thrissur Sub court for Rs.3090000/- in O.S.7/2016 in IA.128/2016 on 22.01.2016.

13 2.50 cents (1.012 ares) i. Attachment effected by Chavakkad Munsiff court for Rs.800000/- in O.S.2098/ 2015 in IA.8332/2015 on 09.09.2015. ii. Attachment effected by Chavakkad Munsiff court for Rs.250000/- in O.S.2186/ 2015 in IA.8701/2015 on 18.09.2015. iii. Attachment effected by Chavakkad Munsiff court for Rs.313000/- in O.S.2940/2015 in IA.11773/2015 on 29.12.2015. iv. Attachment effected by Chavakkad Munsiff court in O.S.3133/ 2015 in IA.12455/2015 on 21.03.2016 v. Attachment effected by Chavakkad Munsiff court for Rs.248000/- in O.S.2939/ 2015 in IA.11769/2015 on 29.12.2016 vi. Attachment effected by Chavakkad Munsiff court for Rs.503000/- in O.S.2624/ 2016 in IA.9285/2016 on 01.09.2016 vii. Attachment effected by Chavakkad Munsiff court for Rs.238900/- in O.S.227/2016 in IA.885/2016 on 7.11.2016 viii. Attachment effected by Chavakkad Munsiff court for Rs.238900/- in O.S.228/2016 in IA.887 & 886 of 2016 on 16.11.2016 14 23.46 cents (9.49 ares) 15 8.72 cents (3.53 ares) Attachment effected by Wadakanchery Munsiff court for Rs.47006/- in O.S.1170/2015 in IA.4042/2015 on 28.01.2016. 16 22.85 cents (9.25 ares) NIL Dated this 7th day of March 2019.

Authorized Officer, & Chief Manager